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BB&T to offer stock, cut dividend to repay gov't

May. 11, 2009
BB&T says it will sell $1.5 billion in common shares to help repay the government's investment in its preferred stock and warrants through the U.S. Treasury's TARP Capital Purchase Plan. Winston-Salem, N.C.-based BB&T Corp. also says it is cutting its third-...
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French Open tennis in Paris
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Russian Maria Sharapova signs autographs after winning her French Open womens first round match against Romanian Alexandra Cadantu at Roland Garros in Paris on May 29, 2012. Sharapova defeated Cadantu 6-0, 6-0 to advance to the next round. UPI/David Silpa